I have experience with this brand. Top notch.

https://schulteufer.de/pfannen/

Who bought them?

Grunding

True.

Splits are factored in that chart.

On how did it balloon so high, check this thread: https://lemm.ee/comment/18679286

It’s not even close to rock or bottom. It’s still overvalued by a factor of 100x. It’s still the biggest pump on the planet, don’t fool yourself.

But he was also intelligent. He presumed that the bulk of money out there is comically dumb money, and he played that mass to his benefit. I remember watching 5,6,7 years ago how he would deliberately make Tesla stock look bad in the short term, to lure in suckers to short with high leverage, only to promptly reverse it, destroy the shorts and use their capital to make a new all time high. All while perpetually rewarding those who just hold and trust the man at the helm.

If this method sounds familiar, it was also used by the Tether clan to propel Bitcoin. But with a healthy dose of freshly printed fake money as well.

It’s basically how Musk got rich. Intelligent market manipulation.

The parent company, bittorrent Inc got purchased by a serial crypto scammer Justin Sun at some point.

In March 2022, the SEC charged Rainberry with fraud for selling cryptocurrencies Tronix (TRX) and BitTorrent (BTT) as unregistered securities.

I think the SEC dropped all charges recently because the literal US government got on the payroll of Tether Inc, which basically runs the crypto show. Justin is just one of the appendages to the scheme.